Deere & Company(NYSE:DE) Declares Dividend of $0.6000.

Deere & Company (NYSE:DE) had declared a cash dividend of $0.6000 on Sep 16, 2016. The shares will quote ex-dividend on Sep 28, 2016 and the record date has been fixed for Sep 30, 2016. On Sep 16, 2016 share price, the yield comes out to be 2.9286%. The dividend payable date has been fixed on Nov 1, 2016.

In a different note, Deutsche Bank said it Initiates Coverage on Deere & Company, according to a research note issued on Sep 7, 2016. The shares have been rated ‘Hold’ by the firm. On Aug 23, 2016, Argus Research said it Maintains its rating on Deere & Company. In the research note, the firm Raises the price-target to $90.00 per share. The shares have been rated ‘Buy’ by the firm. On Aug 22, 2016, Citigroup said it Maintains its rating on Deere & Company. In the research note, the firm Raises the price-target to $87.00 per share. The shares have been rated ‘Buy’ by the firm. On Aug 22, 2016, Piper Jaffray said it Maintains its rating on Deere & Company. In the research note, the firm Raises the price-target to $67.00 per share. The shares have been rated ‘Underweight’ by the firm. On Aug 22, 2016, Credit Suisse said it Maintains its rating on Deere & Company. In the research note, the firm Raises the price-target to $87.00 per share. The shares have been rated ‘Outperform’ by the firm. On Aug 22, 2016, Barclays said it Maintains its rating on Deere & Company. The shares have been rated ‘Underweight’ by the firm.

Deere & Company (DE) made into the market gainers list on Thursdays trading session with the shares advancing 1.34% or 1.11 points. Due to strong positive momentum, the stock ended at $84.16, which is also near the day’s high of $84.24. The stock began the session at $83.39 and the volume stood at 27,90,628 shares. The 52-week high of the shares is $88.63 and the 52 week low is $70.16. The company has a current market capitalization of $26,462 M and it has 31,44,22,920 shares in outstanding.

Deere & Company(DE) last announced its earnings results on Aug 19, 2016 for Fiscal Year 2016 and Q3.Company reported revenue of $6.72B. Analysts had an estimated revenue of $6.09B. Earnings per share were $1.55. Analysts had estimated an EPS of $0.94.

Several Insider Transactions has been reported to the SEC. On Dec 2, 2015, Rajesh Kalathur (Senior Vice President & CFO) sold 4,366 shares at $79.52 per share price.Also, On Jul 1, 2015, Jean H Gilles (Senior Vice President) sold 4,463 shares at $98.21 per share price.On Jun 30, 2015, Max A Guinn (President, WW C&F, Lbr Rltns) sold 14,374 shares at $97.32 per share price, according to the Form-4 filing with the securities and exchange commission.

Deere & Company is engaged in equipment operations and financial services. The Company operates through three business segments: agriculture and turf construction and forestry and financial services. The Company’s agriculture and turf segment primarily manufactures and distributes a full line of agriculture and turf equipment and related service parts. The Company’s construction and forestry segment primarily manufactures and distributes a range of machines and service parts used in construction earthmoving material handling and timber harvesting. The Company’s financial services segment primarily provides credit services which include finance sales and leases by John Deere dealers of new and used agriculture and turf equipment and construction and forestry equipment.

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